web analytics
April 19, 2015 / 30 Nisan, 5775
At a Glance
InDepth
Sponsored Post


Home » InDepth » Op-Eds »

WSJ, Facebook, Intel, Amazed by Israel’s High Tech

Straight from the Jerusalem Boardroom #185, October 28, 2013
IsraelHighTech

Originally published at The Ettinger Report.

1.  Nicola Mendolsohn, Facebook Vice President: “Facebook was amazed by the amount of talent in a small country like Israel [5,000 tech companies].  It was a momentous decision for Facebook to open its first R&D center outside the US in Israel.  We chose Israel in the knowledge that the best talent is found here.  Onavo, the Israeli company that we acquired [for $150MN] will help Facebook achieve its vision of linking the largest number of users possible (Jerusalem Post, Oct. 16, 2013).” The German global software giant, SAP invests $75MN in a new building for its Israel Center (Globes, Oct. 15).

2.  Intel Capital, Intel’s investment arm, is expanding its portfolio of over-60-Israeli-companies, investing $10MN in three additional Israeli companies (Globes Business Daily, Oct. 24).

3.  The Boston-based HarbourVest led a $35MN round of private placement by Israel’s Outbrain, joined by the Menlo Park-based Lightspeed Venture, Geneva-based Index Ventures and leading Israeli VC funds (Globes, Oct. 24).

4.  Israel is a global leader in the development of water technologies.  Export of water technologies was $2BN in 2012, 170% increase in six years, expected to reach $2.2BN in 2013.  280 Israeli companies develop water technologies, 150 are export-oriented (Globes, Oct. 22).

5.  Wall Street Journal (Ben Rooney), Oct. 24: It is extremely hard not to be a bit star-struck by the Israeli technology scene…. ‘It is Silicon Valley for the rest of the world’ said Saul Klein, a London-based venture capitalist…. ‘On a scale of one to 10, the innovation I see in Germany would be close to zero. In Israel, it is a 10,’ said Mark Tluszcz, co-founder of Mangrove Capital Partners, a Luxembourg-based venture firm…. What’s the secret? Reasons include the role of the Israeli Defense Forces, and in particular the high-tech Unit 8200; the unique cultural values of a country forged from centuries of oppression; and Jewish mothers…. The link with America remains as strong as ever. If you look at the flight schedules into Tel Aviv, there are just three direct flights a week from Beijing, and another three from Seoul. There are at least that many a day from the U.S.”

About the Author: Ambassador (ret.) Yoram Ettinger is consultant to Israel’s Cabinet members and Israeli legislators, and lecturer in the U.S., Canada and Israel on Israel’s unique contributions to American interests, the foundations of U.S.-Israel relations, the Iranian threat, and Jewish-Arab issues.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

One Response to “WSJ, Facebook, Intel, Amazed by Israel’s High Tech”

  1. I am so proud of Israel's sophisticated and superior technology. That is why we need to protect her as an ally and as a great help to the rest of the world.

Comments are closed.

Current Top Story
Prime Minister Binyamin Netanyahu reviews details of a "bad deal" with Iran.
Netanyahu Warns of Increased Iran Aggression in Middle East
Latest Indepth Stories
Temple Israel Of Boston

“The resentment towards us (Jews/Israelis) was really intense. They clearly hate Zionism & Zionists”

US has no problem with Egypt's bombing hundreds of homes of Gaza civilians but can't stand to see Israel destroy a terrorist's home.

Egypt has been more effective against Gazan smuggling tunnels than Israel’s military operations

Mrs. Golda Katz a"h

She had many names and was many things to many people, but to me she was just Babineni.

ISIS terrorist carries the group's black flag.

Is ISIS in Gaza? “No, but there are ISIS loyalists here..we pray to God they unite under ISIS’ flag”

Rabbi Portal was that great “inspirer,” changing people for the better, enriching the lives of all

Iran knows Obama, Putin, and the Europeans don’t have a Red Line beyond which they will go to war

There is no way to explain the Holocaust. I know survivors who are not on speaking terms with G-d. I know many who are the opposite. I have no right to go there…

When a whole side of your family perishes, friends become the extended family you do not have.

“We stand with Israel because of its values and its greatness and because its such a wonderful ally”

Mr. Obama himself inelegantly cautioned members of the Senate to be careful not to “screw up” the negotiations by seeking to have input into the future of the sanctions regime that has been imposed on Iran.

For our community, Mrs. Clinton’s foreign policy record will doubtless attract the most attention. And it is a most interesting one.

Mitchell Bard is nothing if not prolific. He has written and edited 23 books, including “The Complete Idiot’s Guide to Middle East” and “The Arab Lobby: The Invisible Alliance That Undermines America’s Interests in the Middle East.” Bard, who has a Ph.D. in political science from UCLA, is also the executive director of both the […]

Understanding the process described in Dayenu reveals deep relevance for us today.

For Rabbi Zvi Yehuda Kook, the tanks, planes, and uniforms of the IDF were implements of mitzvot

More Articles from Yoram Ettinger
yes we can

A serious peace-driven agreement and the nature of the Ayatollahs is the definition of an oxymoron

About 7 in 10 Americans view Israel favorably – making Israel the only positively viewed Middle East country. But the younger Americans get, the more they like some Arab countries.

Defense, scientific and commercial cooperation between the US and Israel is surging unprecedentedly, in defiance of the unbridgeable gap between the worldviews of President Obama and Prime Minister Netanyahu. For example, 250 major US high-tech companies maintain research and development centers in Israel, which has become a major source of cutting-edge innovative technologies, improving US […]

German poet Heinrich Heine: “Since the Exodus, freedom has always been spoken with a Hebrew accent.”

Top priorities of Israeli Arabs: employment, education, healthcare, crime, and women’s rights,

Riyadh supports Israel’s role against their mutual enemy-A nuclear/apocalyptic/ imperialistic Iran

Netanyahu addresses a clear, present & lethal threat to the US/Israel/WORLD; NOT political bickering

Israel is #2 most innovative country in the world attracting numerous global companies and investors

Printed from: http://www.jewishpress.com/indepth/opinions/wsj-facebook-intel-amazed-by-israels-high-tech/2013/10/28/

Scan this QR code to visit this page online: